According to Babatunde, even the federal government may need to have what he calls an implicit deficit, so that it can be able to maintain its recurrent expenditures. Source: Internet
About 40% of all enterprises in the republic were devoted to defence, and some factories lost 60% to 80% of their business in the last years of the Soviet Union, when massive cuts were made in national defence expenditures. Source: Internet
According to ancient historians, Nero's construction projects were overly extravagant and the large number of expenditures under Nero left Italy "thoroughly exhausted by contributions of money" with "the provinces ruined." Source: Internet
A constitutional provision dictating that draft laws dealing with revenues and expenditures may be considered "only when the Government's findings are known" substantially limits the Federal Assembly's control of state finances. Source: Internet
According to a 2009 financial report, city revenues were $280 million, expenditures $200 million, assets $1,200 million, cash and investments $340 million, and liabilities $260 million. Source: Internet
After paying for the accommodation and travel expenditures, Jennings's profits were reduced, with him frequently requesting advances from the agency or RCA Records to play the next venue. Source: Internet